UNCTAD: A Partner in Financing for Development

UNCTAD is a major institutional stakeholder in the Third International Conference on Financing for Development, working to mobilize support for the Post-2015 United Nations development agenda with sustainable development at its core.

+ strengthening domestic public resources

UNCTAD analyses the tax contribution of multinational corporations (MNCs) to developing countries' budgets, and is working towards developing guidelines for Coherent International Tax and Investment Policies. The World Investment Report 2015 will also deal with taxation issues.

UNCTAD also strengthens domestic institutions for collecting government revenue through the ASYCUDA programme, which improves efficiency of customs collections, and E-registrations which creates incentives for informal businesses to register.

+ Mobilizing private business and finance for development

Investment issues are one of UNCTAD's main areas work, through the World Investment Reports and the World Investment Forum, as well as Investment Policy Reviews geared towards creating the right enabling conditions for inclusive and sustainable foreign investment.

UNCTAD's corporate social responsibility work is aimed at helping Governments and companies to embrace corporate responsibility and take full account of environmental and social impacts in all their activities.

Our I-guides and other investment promotion work is geared towards helping small vulnerable economies, LDCs and landlocked developing countries to attract more and benefit better from foreign investment.

The Investment Policy Framework for Sustainable Development is designed to help Governments develop regulatory systems that align business incentives with sustainable development.

A number of UNCTAD initiatives on responsible and sustainable investment, include our Sustainable Stock Exchanges initiative, Principles on Responsible Agricultural Investment and International Standards of Accounting and Reporting (ISAR) which provides an accounting tool for assessing impact.

The Empretec programme supports entrepreneurs --especially women -- to build innovative and internationally competitive small and medium-sized enterprises.

UNCTAD's Entrepreneurship Policy Framework provides guidance and best policy practices for financing of small and medium-sized enterprises.

+ Advancing trade as an engine for development

UNCTAD helps countries to harness the benefits of international trade through its trade policy assessments and support to countries, including: service policy reviews; national green exports reviews; competition policy reviews and the issue of global value chains.

We support Member States in understanding, implementing and utilizing duty-free and quota-free market access.

We also host the Global System of Trade Preferences among Developing Countries that provides a platform for increasing South–South trade.

UNCTAD e-Commerce and Law Reform Programme has supported developing countries to harmonize their regional cyberlaw, which is becoming increasingly important as more and more activities are traded online.

+ Supporting debt management and responsible lending and borrowing

UNCTAD provides technical assistance to developing countries to strengthen the debt management capacities of national debt management offices.

Comprehensive and reliable debt data is a necessity for the monitoring and prudent management of liabilities and UNCTAD, through the Debt Management and Financial Analysis System programme, is a leading and widely recognized provider of support to developing countries in this area, working in coordination and complementarity with other organizations.

UNCTAD is an active member of the Task Force on Finance Statistics and could play an important, even leading, role in the creation of a central data repository.

We also provides assistance to countries in the implementation of the Principles on Responsible Sovereign Lending and Borrowing practices after they have been adopted by countries.

UNCTAD's Roadmap and Guide for Sovereign Debt Workouts contributes to a deeper understanding of the challenges involved and providing practical steps for moving forward.

+ Addressing systemic issues

UNCTAD has done extensive research and analysis as published in Trade and Development Reports and Group of 24 Discussion Papers.

+ Promoting science, technology, innovation and capacity building for development

UNCTAD provides intellectual leadership and serves as a source of expertise on Science, Technology and Innovation and Information and Communication Technologies policies for development.

UNCTAD is responsible for the substantive servicing of the Commission on Science and Technology for Development.

+ Advocating a data revolution for monitoring and follow-up

As a major global repository of various data and, with substantive capacity to develop and analyse data, UNCTAD is working with other statistical offices under the auspices of the United Nations Statistics Division, including on statistical challenges around means of implementation for the SDGs.

UNCTAD, GEF and UNDCF are cluster leads for SDG 17 in the United Nations Task Team on SDGs


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